Robohub.org
 

iRobot stock jumps 15% on Q1 earnings and 2013 projections

by
24 April 2013



share this:
irobot-stock-jumps-on-q1-news2

iRobot’s stock (ISRG:NASDAQ) jumped 15% today on yesterday’s earnings report which exceeded analysts’ expectations for both the quarterly earnings and the annual projections.

“We kicked off 2013 with an outstanding quarter,” said Colin Angle, chairman and chief executive of iRobot in a statement. “The results and outlook for our home Robot business are excellent.”

Domestic home robot revenue grew 44% in Q1 representing 14% year-over-year increase. International home robot revenue was $61.3 million (66% of total for quarter).

“The DoD announced a $14.4 million order for FirstLook robots during the quarter which gives us confidence in achieving our full year expectations.”

Source: Bloomberg Businessweek via The Robot Report.



tags: , , , , , , , ,


Frank Tobe is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.
Frank Tobe is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.





Related posts :



Tesla’s Optimus robot isn’t very impressive – but it may be a sign of better things to come

Musk has now unveiled a prototype of the robot, called Optimus, which he hopes to mass-produce and sell for less than US$20,000 (A$31,000).
04 October 2022, by

Bipedal robot achieves Guinness World Record in 100 metres

Cassie the robot, developed at Oregon State University, records the fastest 100 metres by a bipedal robot.
03 October 2022, by and

Breaking through the mucus barrier

A capsule that tunnels through mucus in the GI tract could be used to orally administer large protein drugs such as insulin.
02 October 2022, by

Women in Tech leadership resources from IMTS 2022

There’ve been quite a few events recently focusing on Women in Robotics, Women in Manufacturing, Women in 3D Printing, in Engineering, and in Tech Leadership. One of the largest tradeshows in the US is IMTS 2022. Here I bring you some resources shared in the curated technical content and leadership sessions.
29 September 2022, by and

MIT engineers build a battery-free, wireless underwater camera

The device could help scientists explore unknown regions of the ocean, track pollution, or monitor the effects of climate change.
27 September 2022, by

How do we control robots on the moon?

In the future, we imagine that teams of robots will explore and develop the surface of nearby planets, moons and asteroids - taking samples, building structures, deploying instruments.
25 September 2022, by , and





©2021 - ROBOTS Association


 












©2021 - ROBOTS Association